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Life insurance companies' new business premium up nearly 23% in Q1FY25
According to the data released by the Life Insurance Council, the new business premium (NBP) increased by 22.91 per cent Y-o-Y to Rs 89,726.7 crore in Q1 FY25
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Zepto's sales could surpass DMart in next 18-24 months:
Zepto’s sales could potentially surpass those of offline retail major DMart, while the former’s top line could scale to over Rs 2.4 trillion in the next 5-10 years
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Bhavish Aggarwal launches Ola Maps as alternative to Google Maps
Ola, the ride-hailing cab aggregator, has announced a significant shift in its operations by fully transitioning from Google Maps to its own in-house mapping service
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Microsoft conducts new round of layoffs to optimise workforce
The exact number of employees affected remains undisclosed, but it is clear that the cuts have impacted various teams and geographical locations.
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LIC raises stake in IDFC First Bank to 2.68% at ₹80.63/share
The public insurer's investment in the bank stands at 2.68 per cent for a price of Rs.80.63 per share through the private placement offer, dated June 30
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India to roll out Rs 10,000 crore plan to procure AI GPUs
Centre will roll out the Rs 10,000 crore India AI Mission in the next two to three months, it will help procure computing power for the domestic industry run AI systems,
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Govt hikes windfall tax on crude oil to Rs 6,000 per tonne
The Indian government has raised the windfall tax on petroleum crude to 6,000 rupees per metric ton from 3,250 rupees, with effect from July 2
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